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The revenues generated by the telecommunications operators in Romania stagnated at RON 16.9 billion (EUR 3.4 billion) in Romania amid diverging dynamics of the number of subscribers in separate segments, according to a report published by the National Authority for Communications Administration and Regulation (ANCOM).  Out of the total, fixed and mobile internet generated 37%…

The value of goods purchased by Romanian customers from local and foreign online stores increased by 10% y/y to EUR 7 billion in 2023, according to the estimates of GPeC, ARMO, and the main players in the sector quoted by Profit.ro. This amount does not include the online purchase of services, utility bills, digital content…

The capacity of the PV panels installed by Romanian households (prosumers) reached 1,554MWp at the end of February, according to the head of the market regulating body ANRE, George Niculescu, and reached 1,650MWp currently, according to sources quoted by Economica.net. The figure nearly matches the capacity of the dispatched PV parks operating in the country’s…

Moldova’s largest financial group, Moldova Agroind Bank (maib), which plans to list its shares at Bucharest Exchange, reported its net profit increased by 50% y/y to MDL 349 million (EUR 18.1 million) in Q1.  The bank’s listing depends on legislative amendments in Moldova related to the mandatory disclosure of shareholders that turned particularly restrictive after…

Romanian telecom operator DIGI Communications (BVB: DIGI) is launching operations in Belgium in partnership with Citymesh (part of IT group Cegeka), the mobile services being for the beginning provided partly through the network of the local operator Proximus, according to Economica.net. DIGI Belgium said it plans to “shake up the market” from the very beginning…

Depictions, an exhibition of photography by Dutch artist Danielle van Zadelhoff, is scheduled to open at the National Museum of Art of Romania (MNAR) this month. The exhibition is meant as a dialogue between contemporary art and the works of the old masters.  Some of the photographs will be showcased in a dialogue with the…

Two castles in Romania’s Cluj county, namely the Rákóczi-Bánffy Castle in Gilău and Bánffy Castle in Răscruci, will reopen in the coming weeks and host events dedicated to visitors.  Rákóczi-Bánffy Castle in Gilău, one of Transylvania’s historical monuments, will reopen its doors after a seven-year renovation process aimed at transforming it into a multifunctional cultural…

The second edition of the Chicago Romanian Community Summit will take place on May 25, aiming to unite the Romanian community in Chicago. Leaders from various sectors – business, education, culture, and religion – will come together during the event to celebrate their shared heritage and establish a forum for addressing challenges. The summit also…

In a recent promotional spot, Nicola Coughlan, Claudia Jessie, and Hannah Dodd, all part of the cast for Netflix’s hit show Bridgerton, played a game of True or False, Romanian Romance Edition. The game consisted of saying whether or not a particular superstition was actually true in Romanian folklore or if it was made up. The first…

The organizers of the Untold and Neversea festivals in Romania announced the start of the 10th edition of their blood donation campaign – Blood Network. Under this initiative, blood donors can get free one-day tickets for the two summer events. This year’s Blood Network runs between May 18 and June 30. Music fans can donate…